PG&E Corp Securities Litigation is a legal case pending in the United States Court for the Northern District of California. The case, titled Christopher Vataj v. William D. Johnson, et al., involves allegations of violations of federal securities laws by PG&E and its executives. The proposed settlement, subject to court approval, will create a $10 million settlement fund to compensate eligible class members.
This case is separate from other ongoing litigations involving PG&E, such as In re PG&E Corp. Sec. Litig. and In re PG&E Corp. and Pacific Gas Electric Co., Debtors, Bank. The settlement fund will be used to pay attorneys' fees, expenses, taxes, and administration costs.
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